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JD/MS Accounting

Posted: Mon Feb 18, 2013 10:01 pm
by Carnac
Advice on whether or not to do this? I'm an accounting major who will be going to law school, and it would cost about an extra $3000 to get the masters degree. I also plan on taking the CPA exam and becoming licensed. Thoughts?

Re: JD/MS Accounting

Posted: Mon Feb 18, 2013 10:07 pm
by 09042014
Carnac wrote:Advice on whether or not to do this? I'm an accounting major who will be going to law school, and it would cost about an extra $3000 to get the masters degree. I also plan on taking the CPA exam and becoming licensed. Thoughts?


Why bother with the MS?

Re: JD/MS Accounting

Posted: Mon Feb 18, 2013 10:12 pm
by Carnac
Inexpensive, won't take much to obtain (about 1 semester because some of my accounting undergraduate credits can be applied to the Masters as well), and I feel that it may improve my job prospects

Re: JD/MS Accounting

Posted: Mon Feb 18, 2013 10:20 pm
by StylinNProfilin
I got my master in accounting from UT and I think its was around 30k or so for the kids who had already finished up their bachelors. How is it only 3,000? Are u planning on getting some work experience or straight to JD?

Re: JD/MS Accounting

Posted: Mon Feb 18, 2013 10:23 pm
by Carnac
Tuition is cheap. I can go back to verify, but it shouldn't be much, especially since I'll have about 18/30 hours completed when I'd be starting the program

Re: JD/MS Accounting

Posted: Mon Feb 18, 2013 10:27 pm
by StylinNProfilin
Wow well considering how cheap it is why not. I'm guessing you'd probably have to do the master program to get the requisite hours to sit for the CPA exam anways so you might as well do it.

Re: JD/MS Accounting

Posted: Mon Feb 18, 2013 10:29 pm
by Carnac
I appreciate the advice. I'd love to know what you think of my personal statement that I just wrote. I posted it a few minutes ago in the Personal Statement forum

Re: JD/MS Accounting

Posted: Mon Feb 18, 2013 10:56 pm
by 09042014
StylinNProfilin wrote:Wow well considering how cheap it is why not. I'm guessing you'd probably have to do the master program to get the requisite hours to sit for the CPA exam anways so you might as well do it.


Wouldn't JD hours work for that?

Re: JD/MS Accounting

Posted: Mon Feb 18, 2013 11:05 pm
by YankeesFan
If you can get an extra degree, especially a professional one like a Masters in Accounting, for under $5000 then I say go for it. The question is does it take up extra time. You don't want to take the bar in July after you get your JD and be stuck in school till December, nor do you want to delay your JD graduation past May of your 3rd year. Seems like it would really mess with hiring patterns.

Re: JD/MS Accounting

Posted: Mon Feb 18, 2013 11:23 pm
by StylinNProfilin
Desert Fox wrote:
StylinNProfilin wrote:Wow well considering how cheap it is why not. I'm guessing you'd probably have to do the master program to get the requisite hours to sit for the CPA exam anways so you might as well do it.


Wouldn't JD hours work for that?


Maybe/Maybe not. Theres a certain number of hours that have to be accounting courses.

Re: JD/MS Accounting

Posted: Tue Feb 19, 2013 5:52 pm
by 09042014
StylinNProfilin wrote:
Desert Fox wrote:
StylinNProfilin wrote:Wow well considering how cheap it is why not. I'm guessing you'd probably have to do the master program to get the requisite hours to sit for the CPA exam anways so you might as well do it.


Wouldn't JD hours work for that?


Maybe/Maybe not. Theres a certain number of hours that have to be accounting courses.


I think BS Accting tends to get you there.

Re: JD/MS Accounting

Posted: Wed Feb 20, 2013 7:23 pm
by maf70
Desert Fox wrote:
StylinNProfilin wrote:
Desert Fox wrote:
StylinNProfilin wrote:Wow well considering how cheap it is why not. I'm guessing you'd probably have to do the master program to get the requisite hours to sit for the CPA exam anways so you might as well do it.


Wouldn't JD hours work for that?


Maybe/Maybe not. Theres a certain number of hours that have to be accounting courses.


I think BS Accting tends to get you there.


I don't think the value added/ time spent getting a CPA without any accounting experience (assuming K-JD) is really worth it. I have friends going to the IRS, firms, Big 4 and none of them have CPAs.